The Autorité des marchés financiers, along with the securities regulators of British Columbia, Saskatchewan, Manitoba, New Brunswick and Nova Scotia (the “Jurisdictions”), recently implemented a new equity crowdfunding exemption (the “Crowdfunding Exemption”) by way of Multilateral CSA Notice 45‑316 – Start-up Crowdfunding Registration and Prospectus Exemptions (“45-316”).
The article first appeared in the August/September 2015 issue of the Canadian Institute of Mining Magazine, Vol. 10, No. 5.
It is not uncommon for mining property transactions to include the payment of a royalty as part of the vendor’s consideration, such as a Net Smelter Return (NSR), through which the holder typically receives a percentage of the value of production or net proceeds earned by the grantor from a smelter or refinery.
A Costly Mistake!
In its decision in Groupe-conseil Génipur inc. v. 9160-0569 Québec inc., the Superior Court of Québec dealt with the claim of the latter against engineering firm Groupe-conseil Génipur inc. for a cost overrun it was forced to incur for the transportation of excess excavated material from a construction site.
Timely Disclosure Obligation: Right of Action of Secondary Market Investors
This past April, the Supreme Court of Canada rendered its decision in Theratechnologies inc. v. 121851 Canada inc., which involved the burden of proof applicable to investors seeking authorization to bring a class action for damages pursuant to section 225.4 of the Quebec’s Securities Act.
The Supreme Court of Canada Will Soon Decide Whether Section 240 of the Canada Labour Code Allows Termination of Employment Without Cause
By granting the application for leave to appeal of a dismissed employee , the Supreme Court of Canada has elected to resolve the long-running debate in the case law between two schools of thought.
The awarding of public contracts in the construction industry, the deployment of troops in Somalia, espionage at the outset of the Cold War : commissions of inquiry have punctuated and shaped the recent history of our country. But in getting to the heart of important social issues, they often adversely affect the private interests of those involved in them.